Rajputana Biodiesel IPO Details
The key details of Rajputana Biodiesel’s IPO are outlined below, covering all crucial aspects from price range to investment requirements and regulatory documents.
| IPO Size | ₹24.70 Cr |
| Price Range | ₹125 - ₹130 |
| Retail Quota | 35% |
| QIB Quota | 50% |
| NII Quota | 15% |
| Employee Discount | -- |
| Listing at | NSE |
| Minimum Quantity | 1000 |
| Investment (cut-off price) | ₹130,000 |
| Pre IPO Promotor Holding | 90.00% |
| Post IPO Promotor Holding | 65.68% |
| DHRP Draft | Click Here |
| RHP Draft | Click Here |
| Anchor Investors List | Click Here |
Rajputana Biodiesel IPO Timelines
The IPO process for Rajputana Biodiesel includes key dates for participants to know. The timeline allows for strategic planning and participation, helping investors stay informed and engaged throughout the entire process.
26/11/2024
Start Date28/11/2024
End Date29/11/2024
Refund Initiation02/12/2024
Credit of Shares to Demat Ac03/12/2024
Listing DateRajputana Biodiesel IPO Lot Size
The Rajputana Biodiesel IPO has a fixed lot size of 1,000 shares, at an upper price band of ₹130 per share, requiring ₹130,000 per lot for retail investors. For HNI investors, the minimum application is 2,000 shares (2 lots) amounting to ₹260,000.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 1000 | ₹130,000 |
| Retail Maximum | 1 | 1000 | ₹130,000 |
| S-HNI Minimum | 2 | 2000 | ₹260,000 |
Rajputana Biodiesel IPO Subscription Status
The subscription status for Rajputana Biodiesel IPO shows market demand across different investor categories, providing valuable insights into the offering’s performance. You can track real-time subscription data below.
| QIB | NII | Retail | EMP | Total |
|---|---|---|---|---|
| 177.38x | 1345.96x | 746.57x | -- | 718.81x |
IPO Performance on Listing Day
| Opening Price | Closing Price | Day High | Day Low |
|---|---|---|---|
| ₹247 | ₹259.35 | ₹259.35 | ₹247 |
Rajputana Biodiesel IPO Company Financials
| Year | Total Income | Total Expense | PAT |
|---|---|---|---|
| FY 2022 | ₹17.46 | ₹17.16 | ₹0.20 |
| FY 2023 | ₹23.54 | ₹21.27 | ₹1.69 |
| FY 2024 | ₹53.68 | ₹47.59 | ₹4.52 |
| FY 2025 (4 M) | ₹27.79 | ₹23.88 | ₹2.60 |
About Company
Rajputana Industries Limited, established in 2011, specializes in producing non-ferrous metal products like copper, aluminum, and brass from recycled scrap metal at its Sikar, Rajasthan facility. The company transforms scrap into billets and manufactures a variety of metal products, including rods, tubes, wires, and super-enameled copper conductors, catering to diverse customer specifications and industry demands. These products serve sectors like construction, manufacturing, and underwater motor applications.
Expanding its portfolio, Rajputana Industries is entering the cable production segment, focusing on residential construction and underwater motor cables. The new cable plant will leverage available space within its existing facility. Employing 98 full-time staff across multiple functions, the company emphasizes sustainable practices, cementing its position as a prominent player in the non-ferrous metal industry.
| Incorporation Date | Sector | Managing Director |
|---|---|---|
| 2016 | Miscellaneous | Sarthak Soni |
Know Before Investing
Rajputana Biodiesel IPO Strengths
- Experienced management team with 26 years in the metal industry.
- Long-standing relationships with top customers spanning over a decade.
- Commitment to quality ensures repeat orders and market presence.
- Comprehensive manufacturing facility in Jaipur and Reengus for end-to-end production.
- Innovative product expansion, including special grade brass rods.
- In-depth industry knowledge provides a competitive advantage.
Rajputana Biodiesel IPO Risks
- Heavy reliance on promoter group for over 70% of revenue.
- Dependence on top 10 suppliers for 80.98% of purchases.
- Potential conflicts in future related party transactions.
- Negative working capital in fiscal years 2021 and 2022.
- Manufacturing capacities are underutilised, impacting financial performance.
- Trademark licensed from promoter, risking business continuity.
Swot Analysis for Rajputana Biodiesel IPO
Strengths
Significant revenue growth, Diverse biofuel product portfolio
Weaknesses
Single production facility, High capital expenditure requirements
Opportunities
Growing demand for biofuels, Potential international market expansion
Threats
Intense competition, Price volatility in raw materials
Company Details
Rajputana Biodiesel Limited
Jaipuria Mansion Panch Batti,
M.I. Road,
Jaipur – 302001
Phone: +91- 9509222333
Email: cs@rajputanabiodiesel.com
Website: https://rajputanabiodiesel.com/
IPO Registar Details
Maashitla Securities Private Limited
Phone: +91-11-45121795-96
Email: ipo@maashitla.com
Website: https://maashitla.com/allotment-status/public-issues
FAQs
The key objectives of Rajputana Biodiesel IPO are:
- Funding the Working capital requirements of the Company;
- Purchase of Grid Solar Power Generating System; and
- General corporate purposes.
GYR Capital Advisors Private Limited are the book-running lead managers for the Rajputana Biodiesel IPO.